| *Category Ranking | ||||
| Company: | Grubb & Ellis | |||
| Address: | 500 W. Monroe | |||
| City: | Chicago | |||
| State: | IL | |||
| Zip: | 60661 | |||
| Phone: | 312-698-6700 | |||
| Fax: | 312-207-1822 | |||
| Email: | corporatecommunications@grubb-ellis.com | |||
| Website: | www.grubb-ellis.com | |||
| Key Executive | ||||
| 1. Name: | Mark Rose | |||
| Title: | CEO | |||
| 2. Name: | Robert Osbrink | |||
| Title: | President, Transaction Services | |||
| 3. Name: | Maureen Ehrenberg | |||
| Title: | President, Global Client Services | |||
| 4. Name: | Richard Pehlke | |||
| Title: | CFO | |||
| * Number of Offices: | 119 | 9 | ||
| * Number of Employees: | 5514 | 6 | ||
| * Gross Revenues Fiscal Year 2006: | 698.9 million | 9 | ||
| * Projected Revenues Fiscal Year 2007: | 693.2 million | 7 | ||
| Selected Areas of Specialization: | Grubb & Ellis provides transaction, management, consulting, corporate and investment services for local and multi-market owners, corporate occupants and investors around the world. | |||
| Company Overview: | For nearly 50 years, Grubb & Ellis has built a reputation for delivering innovative, customized solutions and seamless service to clients. Our professionals combine real-time local market knowledge and specialty expertise with detailed analysis to unlock opportunities that support the business goals of local and multi-market owners, corporate occupants and investors around the world. In May 2007, Grubb & Ellis announced its intent to merge with NNN Realty Advisors, which will combine one of the world's leading full-service commercial real estate organizations with a leading sponsor of commercial real estate programs to create a diversified real estate services business providing a complete range of transaction, management and consulting services, and possessing a strong platform for continued growth. Grubb & Ellis comprises one of the largest and most experienced brokerage forces in the nation. Through 114 offices, professionals cover all aspects of commercial real estate including, office, industrial, retail, investment, multi housing and land. In 2006, Grubb & Ellis and its affiliates completed transactions with an aggregate value of $25.3 billion. In addition, the Company’s management professionals provide quality, cost-effective property, facility and asset management, project/construction management, lease administration and business services to institutional and corporate owners. At year-end 2006, Grubb & Ellis and its affiliates managed 210 million square feet of property. | |||
| *Total Number of Transactions Closed in 2006: | 17721 | 6 | ||
| Total Number of Leases: | ||||
| Total Number of Sales: | ||||
| *Total Value of Transactions Closed in 2006: | 25.3 billion | 10 | ||
| Total Value of Leases: | . | |||
| Total Value of Sales: | . | |||
| Percentage by Property Type: | ||||
| Office: | 43 | |||
| Industrial: | 28 | |||
| Retail: | 13 | |||
| Apartments: | 3 | |||
| Hotels: | ||||
| Other: | 13 | |||
| (Please specify) | ||||
| Percentage by Geographic Area: | ||||
| Northeast: | % | |||
| Southeast: | % | |||
| Midwest: | % | |||
| Southwest: | % | |||
| West: | % | |||
| International: | % | |||
| Average Transaction Volume per Broker: | ||||
| Number of Deals: | 10 | |||
| Value | 16.1 million | |||
| Raw Score: | 47 |
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Key Executive
4
Grubb & Ellis
Mark Rose
CEO
2006 Gross Revenues: $698.9 million
2007 Projected Revenues: $693.2 million
Number of Transactions in 2006: 17721
2006 Transaction Value: $ 25.3 billion
Number of Offices: 119
Number of Employees: 5514
Grubb & Ellis made a significant move forward in May when it announced a merger with NNN Realty Advisors, creating a diversified real estate services business with a total capitalization of about $725 million. The deal is set to close next month. The Northbrook, IL-based firm was founded in 1958, but it wasn’t until the 1981 merger with GMR Properties that led to the formation of Grubb & Ellis in its current incarnation. The company formed its property and facilities management group in 1996 with the acquisition of Axiom Real Estate Management. Grubb & Ellis covers all aspects of commercial real estate including, office, industrial, retail, investment, multi-housing and land, although the company largely focuses on the office and industrial sector, with 43% of its deals being done in the office space and industrial making up some 28% of its transactions. The company currently manages roughly 210 million sf of property and has offices in 39 states and Washington, DC.
Contact Information
| Address | 500 W. Monroe |
| City | Chicago |
| State | IL |
| Zip | 60661 |
| Phone | 312-698-6700 |
| corporatecommunications@grubb-ellis.com | |
| Fax | 312-207-1822 |
| Web | www.grubb-ellis.com |